WallStSmart
IAS

Integral Ad Science Holding LLC

NASDAQ: IAS · COMMUNICATION SERVICES · ADVERTISING AGENCIES

$10.34
+0.00% today

Updated 2025-12-23

Market cap
$1.74B
P/E ratio
36.93
P/S ratio
2.94x
EPS (TTM)
$0.28
Dividend yield
52W range
$6 – $11
Volume
1.5M

Integral Ad Science Holding LLC (IAS) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for IAS.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 42 / 100
P/E (TTM)
36.9x
vs 5Y median of 45.4x
PEG
Margin of Safety
+17.35%
Fair value $12.51 vs $10.34
EV / EBITDA
0.0x

IAS historical valuation range

Where current P/E sits in IAS's own 5Y range.

NOW
24.4x
5Y Low
36.3x
25th
45.4x
Median
87.9x
75th
142.7x
5Y High
IAS is trading cheaper than 67% of the last 5Y.
33th percentile · Below median

IAS intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$10.34
Market value
Intrinsic value
$12.51
DCF estimate
Margin of safety
+17.35%
+21.0% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

IAS valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

!
P/E in mid-range
P/E sits at the 33th percentile of the 5Y range. Neither cheap nor rich historically.
Strong margin of safety
Current price 17.4% below DCF intrinsic value estimate. Meaningful downside cushion.
Weak financial quality
Piotroski F-Score of 0/9 suggests deteriorating fundamentals. Valuation requires closer scrutiny.

P/E Ratio — History

Current: 36.93x

P/S Ratio — History

Current: 2.94x

Is IAS overvalued in 2026?

Integral Ad Science Holding LLC (IAS) currently trades at $10.34 per share with a market capitalization of $1,735,616,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 42/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 36.9x, below its 5-year median of 45.4x.

Looking at its own history, IAS is currently trading cheaper than 67% of the last 5Y on P/E. This places it in the 33th percentile of its historical range, a reasonable but unremarkable position.

Our discounted cash flow model estimates IAS's intrinsic value at $12.51 per share, against the current market price of $10.34. This implies a margin of safety of +17.35%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.

Financial quality is a concern. The Piotroski F-Score of 0/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.

Bottom line: IAS appears richly valued on our framework, with a Smart Value Score of 42/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is IAS overvalued in 2026?

Based on a Smart Value Score of 42/100, IAS appears overvalued. Current price exceeds what fundamentals currently justify.

What is IAS's fair value?

Our DCF model estimates IAS's intrinsic value at $12.51 per share, versus the current price of $10.34. This produces a margin of safety of +17.35%.

What P/E ratio does IAS trade at?

IAS trades at a P/E of 36.9x on trailing twelve-month earnings, compared to its 5-year median of 45.4x.

Is IAS a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 42/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.

How does IAS's valuation compare to its history?

On P/E, IAS currently sits in the 33th percentile of its own 5Y range. That is below its long-run median relative to where it has traded over the period.

What is IAS's Smart Value Score?

IAS's Smart Value Score is 42/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.